Article 1 (Purpose)
The purpose of this Ordinance is to provide for matters concerning the process of undertaking private investment projects to be promoted in accordance with the Act on Public-Private Partnerships in Infrastructure and the Enforcement Decree of the same Act as well as for the management of the optimum scale thereof. <Amended on Jan. 7, 2010>

Article 2 (Basic Principle)
Where the Mayor of the Seoul Metropolitan Government (hereinafter referred to as the "Mayor") attracts private capital to expand and operate infrastructure, he/she shall actively participate in the efforts to secure financial health and efficiency of local governments.

Article 3 (Operation of Private Investment Project Deliberative Committee)
The Financial Plan Deliberative Committee of Seoul Metropolitan Government as defined in Article 8 of the Seoul Metropolitan Government Ordinance on Financial Management (hereinafter referred to as the "Deliberative Committee") shall perform functions of the deliberative committee in each competent authority pursuant to Article 6 (4) of the Act on Public-Private Partnerships in Infrastructure (hereinafter referred to as the "Act"). <Amended on Jan. 7, 2010>

Article 4 (Formulation and Public Announcement of Master Plan for Private Investment Infrastructure Projects)
The Mayor shall formulate a master plan for private investment infrastructure projects for the year concerned and announce it publicly (including cases of posting it onto the Internet) without delay. The same shall also apply to cases where matters publicly announced have been changed.

Article 5 (Connection with Mid-Term Local Financial Plans)
A mid-term local financial plan under Article 33 (1) of the Local Finance Act shall include the scale of the private investment projects fixed and the scale of liability to occur in the future.

Article 6 (Consent to Private Investment Project by Seoul Metropolitan Council)
(1) The Mayor shall obtain consent from the Seoul Metropolitan Council before he/she designates projects subject to private investment pursuant to Article 8-2 of the Act, and in cases of a private investment project promoted in accordance with business proposal from the private sector pursuant to Article 9 of the Act, he/she shall obtain consent from the Seoul Metropolitan Council before he/she notifies the proposer in writing as to whether to promote the proposed project as a private investment project pursuant to Article 7 (7) of the Enforcement Decree of the Act on Public-Private Partnerships in Infrastructure. <Amended on Jan. 7, 2010>
(2) The Mayor shall submit a report including the following details to obtain consent from the Seoul Metropolitan Council: <Amended on Jan. 7, 2010>

1. Details of a master plan for private investment projects;
2. A promotion plan, the current status of construction, actual results of operation of the whole private investment projects; <Amended on Jan. 7, 2010>
3. Details of the feasibility study of the relevant project and the outcomes of examination by the public investment management center; <Amended on Jan. 7, 2010>
4. Details of an application for deliberation on the relevant project and the outcomes of examination by the Deliberative Committee; <Amended on Jan. 7, 2010>
5. Details of formulation of a master plan for private investment infrastructure projects;
6. Details of the relevant part of a related upper-tier plan and results of examination on whether to correspond; <Amended on Jan. 7, 2010>
7. Details of annual disbursement of the private sector;
8. A plan for payment of rent for facilities by year;
9. Other matters deemed necessary by the Seoul Metropolitan Council.

Article 7 (Report of Private Investment Projects to Seoul Metropolitan Council)
In any of the following cases, the Mayor shall report the major details thereof to the Seoul Metropolitan Council: <Newly Inserted on Jan. 7, 2010>

1. Where a master plan for private investment infrastructure projects or concession agreement is changed: Provided, That insignificant matters provided for in the proviso to Article 10 (2) of the Act shall be excluded herefrom; <Newly Inserted on Jan. 7, 2010>
2. The current status of private investment projects under semi-annual operation or execution; <Newly Inserted on Jan. 7, 2010>
3. Where the Mayor entrusts the public investment management center with examination of private sector proposals. <Newly Inserted on Jan. 7, 2010>

Article 8 (Maintenance of Security)
In respect of a project proposed by the private sector, the Mayor shall take appropriate measures for the details of a proposal by the first proposer not to be exposed to a third proposer. <Amended on Jan. 7, 2010>